144 Choate St - Apartments FOR SALE


Fall River, MA 02723- Downtown Fall River
$1,500,000 USD
774-488-1427
144 Choate St, Fall River, MA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/28
null | 7.8% Cap Rate

144 Choate St
Fall River, MA 02723
Downtown Fall River


HIGHLIGHTS

  • (4) 2 Bedroom Units (4) 3 Bedroom Units
  • Brand New Fire Escape
  • Off Street Parking 8 spaces
  • Newer Kitchens & Baths

OVERVIEW

8-Unit Investment – Fall River, MA Exceptional opportunity to acquire a 8-unit multifamily portfolio in Fall River. Property has undergone improvements and generate strong, consistent cash flow. The portfolio currently produces over $12,000 per month in gross rental income with a current NOI exceeding $117,000 annually. Investors will appreciate the additional upside potential, with room to further increase rents and enhance returns. Located in the revitalizing city of Fall River, this portfolio benefits from major economic momentum, including the new South Coast Commuter Rail expansion and ongoing waterfront redevelopment—driving long-term growth and increasing demand. A turnkey opportunity with immediate income and future appreciation potential.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

A3

APN/PARCEL ID

FALL-000018J-000000-000041

ASK ABOUT THIS PROPERTY

Christopher PaivaPaiva Real Estate Services, LLCMore Info
774-488-1427

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Christopher PaivaPaiva Real Estate Services, LLCMore Info
774-488-1427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.